The Demand Commitment Bargaining and Snowballing Cooperation.

B-Tier
Journal: Economic Theory
Year: 1994
Volume: 4
Issue: 2
Pages: 255-73

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A multi-person bargaining model based on sequential demands is studied for coalitional games with increasing returns to scale for cooperation. We show that for such games, the (subgame perfect) equilibrium behavior leads to a payoff distribution which approaches the Shapley value as the money unit approaches 0. Subgame consistency and strategic equilibria are the main tools used in the analysis. The model is then applied to study a problem of public good consumption.

Technical Details

RePEc Handle
repec:spr:joecth:v:4:y:1994:i:2:p:255-73
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29